How to Calculate Pips

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How to Calculate Pips

Post  forexboy on Sat Aug 22, 2009 5:03 am

There very few discussion about how to calculate pips manually because most brokers trading platform automatically calculates the pips. However, if you are just curious on how it is being calculated then you will be surprised to know that it comprises of just a simple formula: Pip value/current price rate X number of units. There's really no importance upon knowing and you can't use any advantage for your online forex investment, It's just a matter of explaining the process and operation.

forexboy

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